Cppb Study guides, Class notes & Summaries

Procurement Technology correct answer: Helps accelerate business improvements Results Oriented Budgeting correct answer: Attempts to link a resource allocation to performance criteria Budget Cycle correct answer: 1. Planning 2. Formalization 3. implementation 4. evaluation Procurement Cards correct answer: payment method whereby internal customers are empowered to deal directly with suppliers using a credit card Four principles of negotiation correct answer: 1. separate people f...

The Materials Manager for the Utility department has to keep parts and materials in stock to maintain all 42 pump stations as well as all the infrastructure to keep the town citizens supplied with clean, pure, well water. This service has to be provided 24/7, and all essential maintenance, repair parts, and pumps must be readily available. These deep well pumps cost tens of thousands of dollars, but if they are maintained correctly, they can last over 10 years. What should be done with a decommi...

CPPB EXAM PREP 2023 WITH QUESTIONS AND ANSWERS...

The American legal system looks to statutory law, common law and administrative law for guidance. T/F correct answer: TRUE Antitrust laws help to prevent bid rigging. correct answer: TRUE Public procurement professionals only need to know about state law and are not governed by federal laws. T/F correct answer: FALSE Tort law is criminal law and is applicable to all precontract proceedings. T/F correct answer: FALSE An agent is the primary person who has authority to assign autho...

An entity purchases several different types of mobile phones to meet employees' preferences. This is causing inefficiencies. What action can be taken to address and correct the inefficiencies? A. creation of performance specifications B. sole sourcing C. benchmarking D. standardization - Answer- standardization A buyer has been invited to join a supplier account rep for lunch to discuss the performance of a contract. How should the buyer respond to the invitation? A. decline the supplier's ...

CPPB Exam Prep Questions and Answers Already Passed!! What does the procurement policy of an entity reflects? correct answers -The entity's legal system -The goals and values of the entity -Policies and practices federal-level entities use to acquire goods and services; this may not apply to state or local entities What should the overall purpose of a procurement policy manual be? correct answers -Establish the legal authority of the procurement function within the entity. -Simplify, cl...

CPPB Prep Guide Quizzes, CPPB Exam with Complete SolutionsCPPB Prep Guide Quizzes, CPPB Exam with Complete SolutionsCPPB Prep Guide Quizzes, CPPB Exam with Complete SolutionsCPPB Prep Guide Quizzes, CPPB Exam with Complete Solutions An entity purchases several different types of mobile phones to meet employees' preferences. This is causing inefficiencies. What action can be taken to address and correct the inefficiencies? A. creation of performance specifications B. sole sourcing C. benchmarki...